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FOX Business
Nov 6, 2012 6:00pm EST
us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. lou: the result of today's election sure to affect the way the nation conducts itself on the world stage. our foreign policy. judith miller, kt mcfarland, ambassador john bolton here with us in just moments. first we want to talk to what happened on wall street today. the stocks rallying on this election day. finishing the day however off their highs. up 133 points, up about 1% and the nasdaq rose 12, the nasdaq up 11. trading slightly lighter than the average today 330 billion shares traded. investors are simply relieved the decision day has finally arrived saying he does not think it matters who wins. wall street simply wants a clear winner at this point. whichever way it goes, whatever
FOX Business
Nov 15, 2012 6:00pm EST
handle our fiscal mess. the truth is no matter how many times the president uses the word compromise, the democrats control the senate and the white house and making it clear, tax hikes on those making about $250,000 are coming. the market thinks we are driving right over that fiscal cliff. take a look. since election day the major averages are down at least 5%. the dow, nasdaq, as and become even the russell 2000, small-cap stocks dropping sharply. so, where republicans go from here? we will hear from one congressman coming up. for now, joining us, we have met he declared from americans for tax reform, the group that has played a big part in shaping gop attitude toward tax policy. thanks for coming in the show. we have a lot of really surprising headlines tonight, but i want to start with this idea that the fiscal cliff is something, this is what the democrats are saying, that this is up to the president and the democrats. they say were not going to give the gop of voice. our way or the highway. and of the president starts every speech saying out compromise, but the ins in a totally
FOX Business
Nov 4, 2012 8:00am EST
york post." an abuse of power, there were two generators being used for the marathon to power the media tent. a third backup generator that wasn't being used. for more on this, joined by adam shapiro in staten island where he has been reporting all day long, and editor-in-chief of runner's world which follows all of this. i will start with you, what has been the response from people you have been talking to all day long about this idea of having a marathon in the wake of sandy? >> people wanted it canceled. when it was announced it was being canceled i asked lice officers what they felt about it and they responded in unison "good." now a girl we spoke to earlier, you got choked up, you're very emotional that the marathon would be run. what is your reaction? >> i am relieved. the right people are here taking care of what needs to be focused on witches for the city and staten island who is the unknown borough. >> since it is known that was heard. the smallest voice was the largest today. what would you say to michael bloomberg about the decision to cancel? >> thank you. take care mu
FOX Business
Nov 10, 2012 2:00am EST
the president fix the fiscal mess they put us in before it's too late? and the other side is about to about in congress that nobody is talking about. welcome to "the willis report." ♪ ♪ gerri: welcome everybody, i am gerri willis. the u.s. dangling over the fiscal cliff. washington can't get its act together. speaker boehner challenging president obama to lead us. his first comments on the economy sense reelection, he seems emboldened by his reelection. with more on this, chris stirewalt. it is great to have you here. i want to start by talking about what the president had to say today. he seemed pretty firm on what he said so far about what we need to do with taxes in this country. here is the president. >> i am open to compromise. i am open to new ideas. i am committed to solving our fiscal challenges. but i refuse to accept any approach that is not balanced. i am not going to ask students and seniors and middle-class families to pay down the entire deficit while people like me, making over $250,000 are not asked to pay a dime more in taxes. [applause] gerri: chris, jay carne
FOX Business
Nov 13, 2012 6:00pm EST
investment, and 31 percent of us still owing more than our home is worth, you may be wondering how we can possibly see a silver lining in the housing market. you want more evidence? phoenix arizona, a market that was the poster child for housing problems. the overbuilt domination leading foreclosure, entire neighborhoods abandoned and in disrepair. today prices are up 25% so far, and on track to finish up 30%. to be sure that is not as big again as the decline, but the city is poised for real recovery the same story of recovery is playing out in miami, san francisco, san jose, seattle. big losers staging convincing turnaround. i think this may be the most important story of the year, and not when you're likely to hear much about. the media likes to avoid good news headlines. the headline, if it were written, would be, housing is the best opportunity for americans with ready cash. a strong recovery, lower interest rates, low prices. how you can make out like a bandit. that's a right to it. all-star panel. and michael lawson, research and will -- analyst. welcome all. we will start w
FOX Business
Nov 5, 2012 9:00pm EST
experience with these campaigns. we have been watching all of these myriad polls which don't give us a clue as to who will win tomorrow. big question now, who has the momentum. who do you think has the momentum? >> and romney has it back. he lost last week when sandy came into our lives. governor christie put his arms around the president before we jump on an airplane and flew off to las vegas for a fund-raiser. i think it is kind of caught back up again and be looking hard at the four years and not for ours. moving toward them. gerri: we have an old saying on wall street. traders talk their buck. that is what is going on with the campaign when i talk to the media. they're all saying that the canada is going to win. it's not clear. can you believe a word coming out of the mouths of these people who work for the campaign's? they both can win. >> that is absolutely right. and i do sympathize with the press team a little bit because i used to do that job. remember having to go out, but under game face, make sure you look good, lipstick on. the only poll that matters is the one that happ
FOX Business
Nov 28, 2012 6:00pm EST
pushes his plan to keep us from falling off the fiscal cliff. hearing from a group of small business owners who met with the president yesterday. new evidence why green energy is a wasteful end to taxpayer money. wait until you hear about a new lawsuit causing bashes against wind companies. the los angeles auto show starts this week, the biggest of the year, gerri follows every cent later next on "the willis report. i always wait until the lt minute. can i still ship a ft in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. heartburn symptoms causedelieve by acid reflux disease. by december 22nd osteoporosis-related bone fractures and low magnesium lels have been seen with nexium. possible side effects include headache, diarrhea, and abdominal pain. other serious stomach conditions may still exist. talk to your doctor about nexium. gerri: a cliff nobody's talking about. federal green subsidies expected to expire, but how you could be on the hook. det
FOX Business
Nov 28, 2012 9:00pm EST
. >> coming up, obama back on the campaign trail as he pushes his plan to keep us from falling off the fiscal cliff. hearing from a group of small business owners who met with the president yesterday. new evidence why green energy is a wasteful end to taxpayer money. wait until you hear about a new lawsuit causing bashes against wind companies. the los angeles auto show starts this week, the biggest of the this week, the biggest of the year, gerri follows every cent with the spark cash card from capital one, sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purche, everday! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great sinesses deserve great rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? here's your invoice. gerri: a cliff nobody's talking about. federal green subsidies expecte
FOX Business
Nov 27, 2012 9:00pm EST
to tell us what he is willing to do in terms of internal reform because you cannot solve the problem without the spending control, finding savings command real entitlement reform as well as the tax reform. we are reaching out when we say close the loopholes, put revenue on the table. now he needs to come back and tell us what he's willing to do. gerri: at think he was the income tax rate to change. less concerned abut the deductions and loopholes. is tre any way you can come to agreement on that? >> think about that. we have said by closi loopholes, limiting deductions we will provide more revenue, and the real revenue will come from economic growth. we have to be pro-growth tax reform. we stimulate investment, business investment and getting peoole back to work. the real revenue growth comes from a growing economy. you don't want to kill economic growth and end up with less revenue. we are reaching out, providing the revenue, but doing it in a way that gets people back to work and generates revenue from growth. gerri: i have to tell you, what i hear are people who are continuing to
FOX Business
Nov 12, 2012 9:00pm EST
amount that you can do. would you can is us the law as, perhaps, an outlet for reforming entitlements. that is oe thing that obamacare, that may be the legacy. this he competion for resources. the big health care entitlements. republicans will have some say as to how thatlays out. gerri: what you're saying is, it sounds like what you're saying is some of the money could b diverted some morales. >> the irony of a lot of this healthare politics is that democrats criticize paul ryan for the premum support plan for medicare reform. the obamacare exchanges which apply to people who are a low-middle incomalso is a premium support plan. so democrats have an argument against applyg the obamacare racing just medicare? d mean, they like obamacare. what would be so terrible about migrating seniors into the obamacare exchange as a way to reform medicare using a democratic approh. gerri: you're turning the law and set a little bit there. interesting florida, for example , medicare and medicaid. very important. 27 percent of dotors are not accepting medicare patients right now. is that oing to get
FOX Business
Nov 24, 2012 11:00pm EST
joins us with more. jeff: a few of them but the majority were not wal-mart workers but members of other unions like the teamsters, the uaw, it was built today as a demonstration against the notion of working on thursday on thanksgiving. the day before black friday. but the protest when it came down to it wasn't so much about that. was against walmart's practice of paying minimum-wage, not giving workers enough money in their view and about work rules. that is what the actual protests came down to. it was organized by organizatio called our walmart, the shadow union for the non-union walmart and well-organized by united food and commercial workers union which is trying to organize at wal-mart. take a look at what the company has to say, speaking for walmart was vice president who said best black friday ever and our walmart organization was uble to recruit a small number of associates to participate in these made-for-tv events. i covered it out there today and if it was made for tv it was made particularly well. we stood out in the freezing cold and they didn't enter the store but s
FOX Business
Nov 29, 2012 6:00pm EST
is disastrous for the american economy and says all the wrong signals to us signals to the market and international investors. also the demonstration of the sheer breathtaking arrogance of the obama presidency. this is a set of demands from an imperial white house. that simply is not open to any form of discussion at all according to these latest developments. this is a deeply worrying. the united states is on the edge of the economic abyss. the $16 trillion debt. so far there are no serious proposals whatsoever coming from the obama administration with regard to cutting this level of debt that the united states knows. america is heading for an economic catastrophe. it is a slow-moving sort of trained crash. gerri: i think that train is being of every single day. to you. imperial presidency. not only imperial. it's on hiatus. the talks have been outsourced. the very man who negotiated the biggest bailout of banks in u.s. history. i think his choice of a negotiator is even problematic at this point. >> i completely agree. if you think back to the start of the first administration,
FOX Business
Nov 5, 2012 6:00pm EST
campaigns. of course we have been watching all of these. polls which don't give us a clue to who will win tomorrow. big question now is, who has the momentum? ed, hootie you think has the momentum? >> i think romney has the momentum back. he lost a little bit last week when sandy came into our lives and governor christie threw his arms around the president before he jumped on an airplane and flew off to las vegas for a fund-raiser. i think it's kind of got back up again. people are looking hard at the four years and not for ours and basically i think romney is a good alternative and that think people are moving toward him. number seven proved, and that think the polls of tightened up. gerri: andrea, we have an old saying on wall street that traders talk their buck. frankly, i think that is what has been going on with the campaigns when they talk to the media. they're all saying that the candid is going to wind. clearly not true. can you believe a word coming out of the mouths of these people who work for the campaign's? i mean, they both can't win. >> that's absolutely right. and you
FOX Business
Nov 16, 2012 6:00pm EST
looking for, and i think all of us agree, we are looking for action. they want to see we are focused on them and not focus on politics here in washington. gerri: compromise. he says the word compromise. why don't you buy? >> he said the word compromise, but he also said our challenge is to find compromise. he's right about that. there's a history there. we are not making these judgments based on nothing. we go back, we will do the debt ceiling, the way out of the debt ceiling negotiations, to create a super committee. going to the super committee and look at what they did. they worked on a come they couldn't come to an agreement. they cannot find a compromise. so they punted and kicked it down the fiscal cliff. now, you're facing this fiscal cliff. they will revisit these issues in 2013 and put in some longer term structural reforms both on the tax side and the entitlement side. i am pessimistic that we will see anything serious done in the short-term and long-term. gerri: i want to ask your opinion about an outlier opinion, americans for tax reform, grover norquist. he said the preside
FOX Business
Nov 9, 2012 9:00pm EST
. you have the fiscal cliff. what democrats want to do really -- what they want to do is use this moment with maximal pressure to force through a deal on taxes that allows the 250,000 and above grateful backup to the clinton rate and then push through a long-term extension for everything under that. now, you also have the sequestration cuts for programs and kick it forward six months and try to make it part of his bigger broader plan. gerri: republicans want to do is fix some of these loopholes that make the tax code so poplar as far as does lycos. >> you get more revenue because you are simplifying th code. the economy gets a boost, but maybe you cannot deductions for upper income folks. maybe they do end up paying a little bit more. the president still makes me sound out like he is talking about race -- rates. gerri: if he wants to raise taxes, so be it, it will put us into a recession. and they're willing to go along with the administration pay the price for do you think that's the right interpretation of what is going on? >> not exactly. i think that yes, they want a president to tak
FOX Business
Nov 30, 2012 6:00pm EST
been mandated, he wants more spending and he's not giving us any entitlement savings and on top of that, like you mentioned, he has no limit on his authority. so he's spending just as he has over the past four years into oblivion. gerri: so there is no debt ceiling. he has a checkbook, he can use it anyway that he wants to. that is shocking and astonishing to many folks. there is also this. the president has talked over and over again about a balanced approach. everybody has to give up something. everybody gets a little something. so he proposes $1.6 in tax hikes. only 400 billion in cuts. in what way is this balance? >> i think this has been a mistake the republicans have made. i do not believe that we have a revenue problem. in the long run, we have a spending problem and it is mostly an entitlement problem. i think it was a mistake for speaker boehner and others for revenue on the table to begin with. that being said, they all agree in a balanced approach. what the president has put forward, it does not even address the problems. if you don't start negotiations talk about medica
FOX Business
Nov 21, 2012 6:00pm EST
with robert bryce senior fellow at the manhattan institute. he tells us what another four years means for america's energy policy. we assumed it was safe to betshw that the president would bebethe doubling down on his re administration. his new >> i hope he takes a differente tack. we see solyndra, begin, begin pr power to raise fuel. gerri: we just show a whole list . >> and it is extraordinarily costly for the taxpayer. a better path if he is really interested in green technologyis or clean technology is setsted e reform the research and development efforts at the federal level so that if there is some breakthrough to be att3 the federal government can findh eakthr clearly this venture-capital model has failed. gerri: some breakthrough to be found : company have found it already? and me, that seems to be the>> u lows to of theld most logical.ga the president gave us a little sneak peek in his acceptance he speech. a listen to this.s >> we want our children to live in america that not burdened byi debt, not threatened by thebuen destructive power of zero warming planet. a i am
FOX Business
Nov 19, 2012 9:00pm EST
us but get hit hard, amid all the uncertainty, companies are scaling back their investment plans. according to "the wall street journal", u.s. companies are cutting their spending plans in the fiscal and economic uncertainty, and doing so at the fastest pace in the a recession. it goes on to say that companies are not planning to spend this year or next year. i am joined by jeffrey miron. welcome back to the show, jeffrey. good to see you. i want to start with some breaking news that we had. moody's just announced that they are cutting france's government rating to aa from triple-a. the s&p da back did it back in january. of course, we mentioned last week that the eurozone is in recession. economies that are expanding and not contracting. is this a winning post for people in this country who can't seem to get our spending under control? >> i think it should be a warning. the entire situation should be a wake-up call. but even in europe, they are not recognized in the wake-up call. they are not doing all they could do to turn themselves away from being someone like greece. they ha
FOX Business
Nov 20, 2012 6:00pm EST
with us. gerri: we talk a lot about freedom on this network. the freedom to start your own business, to invest, but with freedom comes responsibility. there's a lot of people just blow it. i'm highly critical of the way government operates and we spent a lot of time criticizing the feds and state and local governments. some folks in the ceo suite on making some of the same mistakes. you have every reason to complain. case in point today, former ceo of hewlett-packard. no one of my colleagues at fox business nominated him as the worst ceo of all-time. in his rush to write the ailing company, they restructure the legendary pc business and bought a british software company called autonomy. oracle decided to take a pass. hp should have done the same because today it had to take $9 billion accounting charge after finding out they have serious accounting i improprie improprieties. the write off wiped out the company's profits. at least the traders at jpmorgan lost $5 billion new or taking a gamble. which raises the question, isn't that what due diligence is for and why did two georgian due di
FOX Business
Nov 20, 2012 9:00pm EST
thanksgiving. tomorrow toys 'r' us ceo is nexthe program. to him. fox business. gerri: hello, everybody, i am gerri willis. corruption, criminal charges and hundreds of thousands of dollars in ill-gotten gains. not talking about the underworld of mob bosse i'm talking about wall street. the biggest insider trading case ever. coming out just as individual investors across the country getting more and more comfortable investing in the stock market again. a former hedge fund manager making over a quarter billion dollars. the former chairman of the sec, harvey pitt and doug burns. welcome to you both. i want to go over a couple of facts in the case as we know it right now, which is not everything, not by a longshot, but here's what we know. a hedge fund manager receives insider information, secret trials. an alzheimer's drug. he finds out the results before anybody else and trades on it. he sells his stakes in a couple of drug companies and assures them. you have said both wall street has developed a reputation of not caring, which individuals ke of this story? >> theefact is terrible economic
FOX Business
Nov 6, 2012 9:00pm EST
mastermind i have been known to use fingers and toes is a speculative stock. to not put great stock in it. wisconsin will be another one of those states to watch. wisconsin is one of those alternative romney place if you lose ohio. let me explain this briefly. pick up to and in wisconsin thanks to paul ryan being a running mate. maybe pick up the six in iowa. an uphill battle. polls show the president leading by five points are so. that is how you, altogether 16 electoral votes to offset the 18 you potentially lose in ohio. anyone's guess, but something will pursue now with sarah palin who remembers the pressure of this night four years ago. very good to have you. thank you for joining us. >> thank you so much. nice to speak with you. neil: have you think it is going? >> well, as predicted, very, very close. i was just trying to pay as close attention as i could to your commentary, trying to hear what you were saying about ohio. that, of course, is a bit of a bellwether and very pivotal. what is new with ohio, maybe you have a better update and i do. neil: as i try to say, it's hard wi
FOX Business
Nov 26, 2012 9:00pm EST
this with us. >> and you for having me cheryl: or a little bill? >> we were waiting and hoping to compromise with its administration. but they they would just never come to the table. >> these democrats want to continue spending on social programs, republicans don't want tax cuts to be touched. you think we can have coromise from both sides on each of these issues? the rhetoric that we are hearing on a television screen is pretty negative. >> he did say that we want and the republicans will reach out to less. cheryl: after the last election, the november election, it was a referendum on many republicans. some of them walked away and said, okay, we did not get the senate back, we are moving forward. our republican candidates did not win the presidency were many officers. >> people were looking round the waist deep in seeing a lot of their friends have lost. barack obama may have won the white house, but e republicans do have the house of representatives. the american public is saying that we should stick to the principal principle message that we have said. washington is running wa
FOX Business
Nov 14, 2012 6:00pm EST
about, that will give us enough revenue for one week. what about the other 51 weeks? let's get serious, mr. president. put a proposal on the table. we have to avoid this tax court. gerri: to that point, the president is asking for $1.6 trillion in new revenue. when you make of that? is the number that the gop and house republicans can stomach? >> the democrats could not stomach that either. even in the white house, they suggest that raising taxes is going to create more jobs. it has been going up come the economy is slowing down. we have 47.1 million americans on food stamps and we need to be focusing on growing the economy and not raising taxes. the one i hear what you're saying. i understand what you're saying. but the rest of america may not agree. 51% of americans say that we will go over the fiscal cliff. when they talk about who is to blame, guess who they blame? they blame the gop. 53% blame your party for taking the country over the fiscal cliff. when you say that? >> i'm not worried about that. i'm worried about aborting this fiscal cliff. the same decision based president two
FOX Business
Nov 8, 2012 6:00pm EST
very cool. that's all the "money" we have for you today. thank you for joining us. we hope you will come back tomorrow. zito was coming up next. gerri: hello. they may work for the government , but they are being treated like celebrities. that is right. fresh air raids over government workers who are getting special benefits during the storms. the nor'easter that followed this last night. adding insult to injury to the thousands of residents of new york's long island living. ahead of your state emergency minutes apart when the head of the diverted personnel to his personal use at a time when workers were in high demand , you just saw his picture, directing county workers to his house to jump up and remove a tree that had fallen across is dravite. he was an even living there at the time. fired after it came to light, but does not all. special health benefits for workers during the crisis. the federal office of personnel management line workers and retirees to get to a emergency rooms for caring a crisis. it's all covered by you, the taxpayer. additional supplies of medicine also on o
FOX Business
Nov 7, 2012 6:00pm EST
want to work together and to understand and they cannot push us around. gerri: what? >> i am willing to work with anybody by he wants to go back to clinton in tax rates creating 23 million jobs. and for these rates you will be campaigning in you'll see bill clinton play of role to broker the deal, make the case publicly but to solve the problem out on the trail again. >> isn't this a different era? it is completely different. doesn't make sense to do that now? >> with the tax is enacted 1993 it was economic growth accelerated after the congressional republicans agreed on capital gains tax when the economy started to roll or. most will say it is not a good idea to raise tax rates and a period of sluggish growth. it is counterproductive what will really raise revenues is the late 1990's which is more rapid economic growth. when you have vibrant growth you get said gusher of revenue with the cbo that comes and we have a progressive tax system. gerri: but the stakes are very high. but some house some side wins or loses? we will be in a recession again. the economy will contract again. i
FOX Business
Nov 1, 2012 6:00pm EDT
go to staten island and representative michael graham is on the phone for us. congressman, we have been watching pictures from your district, staten island, for days now. how is it going there? are we into recovery mode? is it still rescue mode their? >> well, you know, we are just entering the recovery mode at this point. today, there were four bodies found. talk about heart wrenching and horrific things that have happened here in staten island. you know, the most deaths and i would expect that unfortunately, there is a good chance they will find more bodies as they start going door-to-door at the people who did not get out. they found a couple the earlier part of today, an elderly couple that did not get out. no one knew that they did not develop. these are the things that will cost death toll to rise. it is beyond words, this tragedy. gerri: it surely is. what is that? >> i am standing where there were two fatalities and the house is completely missing -- nothing left. just the foundation. gerri: there are lots of residents in your district said they are getting the help they ne
Search Results 0 to 49 of about 61 (some duplicates have been removed)